The Velvet reference article from the English Wikipedia on 24-Apr-2004
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Velvet

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Velvet is a form of textile that is woven on a special loom. It is a tufted fabric in which the cut threads are very evenly distributed, giving it its distinct feel. Velvet can made from any fiber.

Two pieces of velvet must be woven at the same time. They are then cut apart and the two lengths of fabric are wound on separate take-up rolls. Looms which weave velvet must have two takeup rolls.

Velvet's knitted counterpart is velour. Velvet was very expensive. Corduroy and velveteen, when first produced, were considered the "poor man's velvet".